Cambridge vs New Bedford
Side-by-side rent vs buy analysis comparing these two markets
Overall Comparison
New Bedford has an edge
New Bedford currently favors renting, with better rent-to-price dynamics.
Median Home Price
$790,411.17
Median Rent
$2,890.3/mo
Price-to-Rent Ratio
22.8
Property Tax RateTIE
1.23%
Price Change (1Y)
+1.3%
Price Change (5Y)
+6.5%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$607,427
Median Home PriceBETTER
$524,316.47
Median RentBETTER
$2,034.33/mo
Price-to-Rent RatioBETTER
21.5
Property Tax RateTIE
1.23%
Price Change (1Y)BETTER
+2.0%
Price Change (5Y)BETTER
+9.8%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$362,667
Key Differences
Home Prices
Cambridge's median home price of $790,411.17 is higher than New Bedford's $524,316.47 by 51%.
Monthly Rent
Renting in Cambridge costs $2,890.3/mo compared to $2,034.33/mo in New Bedford—a difference of $855.97/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.
Run Your Own Numbers
This comparison uses median values. Your income, savings, and goals matter. Use our Buy vs Rent calculator to get a personalized analysis.